Illinois HB 3445 Prevents Transmission Competition, Creates New Utility Monopoly Power, and Raises Electricity Prices for Consumers
In May, the Illinois legislature passed a bill (HB 3445) that grants a right of first refusal (ROFR) to incumbent utility monopolies for regional transmission projects which prevents competition and results in significant electricity price inflation for Illinoisans.
HB 3445 Prevents Transmission Competition, Protects Utility Monopoly Power, and Raises Electricity Prices for Consumers
In May, the Illinois legislature passed a bill (HB 3445) that grants a right of first refusal (ROFR) to incumbent utility monopolies for regional transmission projects which prevents competition and results in significant electricity price inflation for Illinoisans.
HB 3445 Will Increase Electricity Costs for Illinois Consumers
Ameren Illinois, a utility monopoly, is pushing a bill that would result in substantial increases in electricity rates for Illinois families and businesses for decades. HB 3445 includes a right of first refusal – or ROFR – which protects Ameren Illinois from competition and allows them to charge consumers higher electricity costs.
Gov. Pritzker Has Pledged to Stand with Illinois Consumers
HB 3445 has made its way out of the General Assembly and is now on Governor J.B. Pritzker’s desk. When asked if he plans on vetoing the anti-competitive ROFR bill, Pritzker responded: “Yes, I do.”
The Governor’s office has also stated “We oppose a measure that puts corporate profits over consumers.”
A veto of the ROFR means standing up for Illinois families and businesses in the face of monopoly power.
HB 3445 in the News
Pritzker says he will veto bill that gives Ameren right of first refusal to build transmission lines
The Center Square Illinois
Lawmakers pass bill giving Ameren monopoly over future transmission lines
Crains Chicago Business
Lawmakers pass legislation to establish monopoly on electric transmission projects in Illinois
The Center Square Illinois
